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In this blog, you’ll learn about an IT OnDemand workforce, its benefits, and real-world applications. In addition, there are beneficial tips for building a workforce and vital FAQs. Let’s begin!
The concept of an OnDemand workforce in IT has existed since time immemorial. However, it was only after the pandemic that organisations realised the importance of freelance and remote work.
During the Covid pandemic phase, many projects got stalled. In order to cope with the situation, companies started building an OnDemand workforce.
But what exactly is an OnDemand workforce in IT? Let’s understand.
What is OnDemand Workforce?
Also known as a contingent workforce, an OnDemand workforce comprises staff hired for a limited time. Such workers can be brought on by a company when a need arises. OnDemand workers work in a flexible, zero-hours environment and can be freelancers or consultants.
Like regular 9 to 5 employees, OnDemand workers can also overall deliver similar routines. Read on to learn about the benefits of an OnDemand workforce in detail.
What are the Benefits of OnDemand Workforce?
Every day more and more companies are hiring an OnDemand workforce. The reason for that is the various benefits that come with it. Here are some of the key benefits of an OnDemand workforce.
1. Cost Saving
Organisations can cut costs by hiring an OnDemand workforce. How? In such a structure, companies don’t have to pay sick leaves, severance, or benefits to workers. In addition, they can save money on staffing supplies and additional infrastructure.
2. Working Across Time Zones
Global companies can hire freelance talent from around the globe. As a result, they can work across time zones. It allows them to operate efficiently while staying at the top of their game.
3. Saves Time
OnDemand workers are efficient in their work and don’t require micromanaging. So, it allows organisations to focus on their work while getting more done. As a result, companies can boost productivity and save time.
4. Help Unleash New Opportunities
Every organisation has short projects they’d like to work on and market opportunities they’d want to grab.
An OnDemand workforce allows them to hire workers to unleash new opportunities without putting unnecessary pressure on existing workers. Moreover, companies can provide better services to their customers.
5. Facilitates in the Hiring of Quality Talent
OnDemand workers are specialists or experts in their fields. Companies can get access to qualified workers by hiring an OnDemand workforce. It eliminates the work organisations put into training an employee. As a result, they can take advantage of exceptional talent from around the globe from Day 1.
6. Eliminating Dispensable Workforce
Traditionally, organisations used to hire full-time employees. So, they had to watch their employees closely while at work. With an OnDemand workforce, companies can eliminate unnecessary or dispensable workers at the workplace by hiring seasonal workers.
Wondering what are some of the applications of an OnDemand workforce? We’ve covered that in the next section.
What are the Applications of OnDemand Workforce?
1. Small Projects
Organisations often receive large projects that require more workers. By hiring more full-time employees, companies will only increase their overall costs. In order to avoid that, they can hire OnDemand workers.
2. Seasonality
Many companies are busy in specific seasons. So, instead of hiring full-time employees, they can hire employees on a need-basis. Such companies can save unnecessary costs by hiring OnDemand workers in that particular season.
3. Remote Working Organisations
A majority of the companies are working remotely today. Most don’t even have a traditional workplace setup and operate online. Such companies prefer to hire freelancers or consultants. The talent OnDemand setup is ideal for such organisations.
4. Code Remodeling
Code remodelling isn’t a one-person or one-day job. It requires a lot of effort and more employees. In such scenarios, an OnDemand workforce in IT can be super helpful. They can complete their job and leave.
Now that we’ve discussed the benefits and applications of an OnDemand workforce, here are some tips that you can use for building a better OnDemand labour strategy.
Here are 4 tips For Building a Better OnDemand Workforce
1. Asking Questions is Essential
Ideally, there are two vital questions you need to ask yourself. These include ‘who do I have?’ and ‘who do I need?’ That is, it’s essential to understand demand and supply. In order to understand the former, organisations must establish a vivid link between talent and their value agenda.
On the other hand, understanding supply begins with taking stock of the IT talent present along with their skills. Comparing both will reveal the skill pools on which your company is long and short.
2. Creating an IT Gig-Friendly Culture
Understanding the gig economy can be exceedingly beneficial for leaders. Why? It allows them to define and understand their culture. So, they can attract the right talent that advances their business goals and culture.
By delivering an impeccable experience to freelancers and consultants, leaders can increase the loyalty of such individuals to their organisations. As a result, these workers will be available as and when needed.
3. Patience is Key
The workplace as we know it is going through a massive transformation right now. That’s why it’s essential to be patient. Else, you’d be missing out on the right talent who can be champions of change for your organisation.
Being patient will allow you to identify and hire the people who bring your plans to life. These OnDemand resources would help you get a competitive edge in the not-so-distant future.
4. Aligning Top-Down and Bottom-Up
As per a recent survey by Harvard Business School (that included 700 US leaders), many from the C-suite on down are out of sync about the effectiveness of OnDemand workforces.
The companies where OnDemand workforces were being blended successfully were the ones where the entire organisation was aligned on their labour strategy.
Aligning the entire organisation with your hiring practices is vital to building a better workforce.
It would allow them to understand the importance of the practice and make individuals work in sync.
An Insight into the Future of the OnDemand Workforce in IT
With each passing year, the talent OnDemand working model is growing. More and more organisations are opting for an OnDemand workforce. Massive names like Amazon and Uber have embraced the model and witnessed positive results.
Various platforms allow freelancers and OnDemand workers to advertise their needs and services online today. As a result, becoming an OnDemand worker is super easy now.
We are likely to witness more individuals diversify into OnDemand work to achieve an ideal work-life balance. The younger generation that believes in working to live and not living to work is choosing this model over the traditional one.
All in all, the future of the OnDemand IT workforce is here to stay.
VitesseWorks Helps Meet Your OnDemand Workforce Needs on Time & Budget
Building an OnDemand IT workforce requires hiring on-the-go. VitesseWorks allows you to solve staffing issues with the RapidHiring® model. This structure supports project engagements that could last a few weeks to a few months or more.
Our model enables you to efficiently tap into the continuous supply of the right skilled resources. As a result, you can reduce costs, save time, hire up-to-date talent, scale on-the-go and increase employee retention while building your ideal OnDemand IT workforce.
Conclusion
Due to its innumerable benefits and real-world applications, the OnDemand IT workforce model is here to stay. So if you still haven’t hopped on to the bandwagon, it’s high time you do! If you’re starting out, the tips mentioned above can be exceedingly beneficial for building a talent OnDemand IT workforce.
FAQ
What is OnDemand IT workforce?
It refers to a type of workforce comprising staff members that can be hired OnDemand. Such members work in a flexible, zero-hours environment and get hired for a limited time period.
What are the examples of OnDemand IT workforce?
Freelancers and consultants are some examples of an OnDemand workforce.
Why do companies hire OnDemand IT workforce?
Companies hire an OnDemand IT workforce for seasonal work, short projects and code remodelling, among other reasons. It allows them to save costs, time, and work across time zones. Moreover, it facilitates the hiring of quality talent and unleashes new opportunities.